Welcome to Global Business Services - FZCO

Company Formation In DIFC

  • 30+ Years Of Experience
  • 50+ Team Members
  • 7500+ Happy Customer
  • 10,000+ Companies Formed (in UAE and worldwide)

Dubai International Financial Center Free Zone

Start your dream business setup in Dubai. Be a part of the DIFC zone, the city’s globally flourishing financial hub.

Dubai International Financial Center (DIFC) is a free economic zone formed in 2004. Spread over an area of approximately 272 acres, it is home to more than 4,000 companies. Having a company formation in DIFC can be a thrilling and prosperous experience. The area reflects a lively and extremely amusing vibe, being frequently visited by locals and tourists alike. It boasts a dazzling, hi-tech architecture surrounded by many luxurious amenities. These include posh restaurants, deluxe boutiques, art galleries, and more.

You can realize your vision of a company formation in UAE with excellent commercial spaces at DIFC. Thanks to Dubai’s wide global network and a simple yet powerful law framework! Numerous Middle Eastern, African, and South Asian (MEASA) markets are already enjoying ever-growing progress here. All financial and economic industries (banking, insurance, brokerage, etc.) can easily establish successful business operations in this free zone.

A company set up in DIFC is regulated by Dubai Financial Authority Services (DFSA). The DFSA’s regulatory structure uses basic legislation which is recognized worldwide. The mandate of the regulator includes insurance, an international equity exchange, and an international exchange for commodities derivatives. It also includes asset management, banking, and credit services, securities, collective investment funds, custody and trust services, commodities futures trading, Islamic finance, and securities.

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Company Formation In DIFC

Major Benefits of Company Formation in DIFC

  • Fully foreign ownership
  • 100% capital repatriation
  • Complete exemption on personal income, service, import, and export taxes
  • Possible exemption from corporate tax subject to meeting criteria
  • Freedom of capital convertibility
  • International legal system based on Common Law of England & Wales
  • Exemption from the UAE Federal civil & commercial laws
  • A separate common law legal system
  • Complete acceptance of dollar currency
  • Rapid proceedings by DIFC Courts
Benefits of DIFC

Characteristics of a Company Set Up In DIFC

Dubai International Financial Centre, Dubai (U.A.E.)

The business activities offered by DIFC are categorized into financial, non-financial, retail and non – retail activities.

Commercial license is only available option for DIFC Company Setup

Company limited by shares, Limited liability companies, Partnership and Branch

Shareholder for DIFC Company Can be Individuals or Corporate entity

Individuals only (Shareholder can also be Director)

Can be decided by investor for DIFC Company Setup and USD Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)

Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.

Annual audit report to be filed in DIFC

Minimum 4 to 8 weeks to obtain license of the company and register a company in DIFC depending on nature of business.

Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.

Required Documents for Application

Documents Required for DIFC Company Registration

The documents required for business setup in DIFC depend on whether a shareholder is an individual or corporate entity. The basic requirements are:

  • Color passport copy of shareholder/director/manager.
  • Color UAE residence visa & emirates id copy of shareholder/director/manager.
  • Utility bill copy of shareholder/director/manager.
  • Business Plan & Financial Projection.
  • CV/Resume of shareholder/director/manager.
  • NOC from existing sponsor for shareholder/director/manager.

Process of Company Set Up In DIFC

  1. Identify the legal form of the company to be registered in the DIFC
  2. Select an activity from the DIFC activity list
  3. Apply for name and initial approval
  4. Payment of fees related to DIFC business setup
  5. Sign DIFC company registration and incorporation documents
  6. Apply for a DIFC residence visa
Procedure

DIFC Company Formation Cost

DIFC Company Setup cost depends on type of license and facility

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note

Important Note

  • Shareholder or directors wishing to have UAE residency visa on said company will need to revisit after issuance of license, immigration card and entry permit for stamping of visa on the passport and may need to stay in UAE for 5 to 7 working days as that process may take time.
  • Company Immigration/Establishment card to be renewed every year

How GBS Helps

Global Business Services FZCO help companies expand their business globally. You can also maximize your presence with our expert business setup consultants. Our professionals are well-versed in the UAE’s regulations, cultures, and market trends. We guide businesses through complex processes, improve their operations, and help them reach their full potential in international markets

Call us now on +971 50 8992852 or drop an email to sagar.mehta@gbsei.com to learn about special promotions/offers related to business setup in DIFC or other company formation in the UAE.

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Alert
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.
Why Choose GBS for Company Formation Services in UAE?

Why Choose GBS for Company Formation Services in UAE?

Understanding Clients’ Needs

Understanding Clients’ Needs

As the best business setup consultancy firm in UAE, our team provides thorough analysis of client requirements and offers a personalized approach tailored to meet each client's needs.

Flexible Pricing & Cost Transparency

Flexible Pricing & Cost Transparency

For company formation service in UAE, we offer flexible pricing and cost transparency with top of the line multiple payment options, including online payments and bank transfers

Years of Expertise

Years of Expertise

Global Business Services FZCO holds years of expertise while offering unmatched guidance and support when starting your new venture.

Work Track Record

Work Track Record

As a prominent business advisor and consultant, GBS boasts a world-class track record, successfully supporting many firms across various industries.

We Work With Government Bodies

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    I had a fantastic experience with the Global Business Services FZCO. their team was knowledgeable, professional, and efficient. they guided me through the entire process of establishing my business. I highly recommend their services to anyone looking to set up a business in Dubai.

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